Has your debt increased lately? Are you tired of trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they can assist you or help you get into more debt.
According to their clients they can help you manage 80percent of your debt , so you can take couple of w
orries off your plate.
But for some people, these claims are just too good to be true.
If you’re looking for something that will aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, go to this video in case you would prefer to watch it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Working Families Tax Relief Act Of 2021 Qualifying Children
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. They also provide other services that can help you be more financially secure.
The process begins with requesting a free savings estimate on the internet. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings you’ll be able to learn more about your alternatives towards debt-free.
The savings estimate, which was mentioned previously, offers you the opportunity to consider your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to join. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program, CuraDebt can be the one to answer all of your creditor’s calls. They will also be the ones that determine the terms of your payment based on the status of your financial situation. Based on what works most effectively your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Additionally they will work with lenders to help you have better rates as you transfer money into your savings account. This is then processed to pay the creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve registered with them, they’ll allow you access to your data 24/7. All you have to do is login to CuraDebts the client portal to track your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans, credit cards and loans. They are also able to pay off any remaining amount on business debts, collections, or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt lets you repay debt for less than the sum you have. They also allow you to ask questions during their free consult with their debt advisor.
The best part about their plan is that you will only pay the fees when your debt is paid off. All you have to sign up to one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial records They will also gather all the documents you’ll require for tax returns.
With this program, you’ll be able to resolve various tax issues like wage garnishments, tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They use only flat-fee pricing that is based on the amount you’ll have to pay.
They have different solutions when it comes to paying off taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t offer all kinds of settlement. CuraDebt only focuses on loans that are not secured. They can’t assist you if your loan or debt is linked to a physical item.
If, however, you are in the following types of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay taxes that are due without any issues. Additionally, this service is offered to all 50 states if you owe money towards the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt will also help you resolve the medical bills. In some cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students with negotiating any student loans that they are owed.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Additionally, they don’t charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
In the average, this kind of industry charges between 15 and 25 percent.
Moreover, clients can expect to settle their debts within two to four years. But, it also differs according to the amount you are able to save each month.
They also claim you can save up to 30% when you factor in their costs into your calculations.
However, this statement will vary, depending on the situation. Some clients even mentioned saving between 50% and 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore they only charge an amount of 20%, while most companies charge you 25 percent.
If you’re finished with the debt settlement program you can enroll in their credit repair program.
It’s an excellent method to improve the credit rating without having to go back into debt. However, the program lasts different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also investigate any violations of creditor using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with . So if you’re trying to increase your standing on credit scores, you may cause you to delay finishing your debt.
CureDebt doesn’t even have a mobile app available. While they have a website that clients can access, it looks aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more for these types of services. Additionally their 20% service fee is cheaper than most businesses that charge an additional 25% charge. There are no upfront payments and you’ll only have to pay when the debt is paid off.
Although they’ll give you an account so that you can track your progress, their website is not easy to navigate. CuraDebt does not have an app yet, which could make it easier for you to track your progression.
But, they do have a good support team that you can contact them not just via email but also by phone or sending an e-ticket. Working Families Tax Relief Act Of 2021 Qualifying Children
If debt is a big problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Working Families Tax Relief Act Of 2021 Qualifying Children
How long will it take to complete the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt has a tax relief program that can assist you with issues such as late payroll tax and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.